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Investment in Hotel Properties, Net - Schedule of Investment in Hotel Properties, Net (Detail) - USD ($) | Jun. 30, 2024 | Dec. 31, 2023
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Property, Plant and Equipment [Line Items] |  |
Investment in Hotel Properties, Gross | $ 541,526,380 | $ 536,183,227
Less: accumulated depreciation | (190,338,841) | (181,264,121)
Investment in Hotel Properties, Net | 351,187,539 | 354,919,106
Land and Land Improvements [Member] |  |
Property, Plant and Equipment [Line Items] |  |
Investment in Hotel Properties, Gross | 61,217,987 | 61,114,486
Buildings and Improvements [Member] |  |
Property, Plant and Equipment [Line Items] |  |
Investment in Hotel Properties, Gross | 426,106,634 | 418,833,706
Right of Use Assets [Member] |  |
Property, Plant and Equipment [Line Items] |  |
Investment in Hotel Properties, Gross | 4,649,280 | 4,733,406
Furniture, Fixtures and Equipment [Member] |  |
Property, Plant and Equipment [Line Items] |  |
Investment in Hotel Properties, Gross | $ 49,552,479 | $ 51,501,629

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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-7A + Details
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- Definition The cumulative amount of depreciation for real estate property held for investment purposes. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
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- Definition Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(d)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(1)(6)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
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